3D daily wolfe wave setup in TESLA$TSLA The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 261 which it left open in September 2022. This setup is identified in the previous post using the 2D time-frame and it is also appearing on the 3D time-frame.
The weekly setup was triggered the last week of November 25. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is around 600 with estimated time of arrival sometime last week of March 2024. Short term wise, look to target the 261 gap or 200 day ma. Long term wise, dollar cost averaging on the dips would not be a bad investment for child's education fund.
Tslaanalysis
TSLA 2D wolfe wave setup into January Run up$TSLA The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 261 which it left open in September 2022.
The weekly setup was triggered the last week of November 25. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is around 524 with estimated time of arrival sometime last week of January 2024. Short term wise, look to target the 261 gap or 200 day ma. Long term wise, dollar cost averaging on the dips would not be a bad investment for child's education fund.
Tesla Analysis 28.11.2022Hello Traders,
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TSLA - Where is it going?Tesla has some zones to watch that I have identified as follows: 1) Possible retest of overhead resistance and supply zone, not likely IMO, unless we have a year end rally. 2) We have a nice consolidation zone below that will also complete the HS pattern more or less. 3) We have a lower target for a real recession. Not financial advice, DYOR.
$TSLA entry PT 126-ish Target PT 350Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
Tesla Chief Twit bringing down the company to $102.85Head and Shoulders has formed on the Daily chart with Moving averages all looking down 200 > 21 > 7 .
The first target from the last analysis (ongoing) is $102.85
Bearish
Has Elon Musk Bitten off more than he can chew or are there signs he is slowly getting out of Tesla and focussing more on Twitter, Neuralink and SpaceX?
Only time will tell.
What if you could see into $tsla future? $TSLA The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. In this monthly chart of TESLA, there was a bearish wolfe wave that started developing on November 1,2021. Last year, tesla was a very popular ticker to trade due to it's beta relationship with the market index. Moreover, hundreds if not thousands of new youtubers or existing tesla followers started covering tesla as if they actually owned or worked at the company. Even to this day, as tesla trades -58% from it's high, we continue to witness irrational exuberance in the tesla stock with recommendations of dollar cost averaging ideas floating around and long term price targets upwards of $3500 to $10,000?? Wolfe waves are great in detecting when a stock enters in bull or bear markets. It removes irrational exuberance and allows the trader to focus price and volume which are the main ingredients in determining momentum. And until the stock price reclaims at least the 6 month moving average, the price of the tsla stock will continue to sell into strength and eventually fill all the gaps it left open back in 2021 and 2020. As tesla continues to sell off and extend lower, there will be intra-day opportunities for option traders to position into long calls as shorts cover. At this point, strong volume and price action induced by positive news reports is the only thing that will get tesla out of this bear market.
TSLA Bearish Wolfe Wave lower time frame Wolfe waves are great because they help traders identify profit targets with respect to entry. They are especially useful when there is binary event such as earnings, cpi or ppi. Last week, I posted a bullish daily entry for tsla for an over the weekend tgif trade. Although TSLA dipped on monday, we were still able to buy the dip and offset some losses from Friday's entry. Post PPI, TSLA gapped approx 3% and rallied another 2% tuesday morning. Typically gaps contrarian in nature, they are bearish/bullish depending on the direction of the gap . Gaps introduce another variable which can counter trend any trade idea sooner than later. Tuesday's price action for TSLA was generally weak with respect to other tech names. Moreover, there is a bearish 78 min wolve wave + 78 ttm squeeze that has just triggered with a projected target of 175. Bullish or bearish waves on daily time frames can produce giant returns; however, the trader should take into consideration other macro events such as economic data, fed speakers , earnings and the worst of them all Jerome Powell FOMC. If the bearish wolfe wave does fails to move tsla price stock lower to 180 to 175, then the setup will likely turn into a short squeeze where the horizontal line representing the bearish stop loss will be the breakout level target.
TSLA Daily Wolfe Wave Setup and entrySimilar to SNOW, there is a daily wolfe wave setup that triggered on November 11 on the day of CPI . The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. Projected targets are defined by identifying the apex of the wolfe wave and projecting a vertical line toward the green perforated projection tgt which is extending from left to right. The apex of the wolfe wave extends out to 2023 but in the short term expect TSLA to move more than 10% before November 15 for a quick move to the 21 day ma.
Tesla Analysis 15.11.2022Welcome to the BasicTrading channel.
My name is Philip and in todays analysis I quickly go over the situation which we currently have on Tesla.
I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities.
If you enjoyed this analysis, let me know in the comment section which asset I should analyse tomorrow.
I will personally reply to every single comment.
Dont forget to smash that rocket and I will see you tomorrow with a new analysis.
Short term to long term entry on TSLA we LoadedThere is a 78min wolfe wave setup that triggered on today Nov 8. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 234 which is expected to reach this price target within 3 to 9 days. Projected targets are defined by identifying the apex of the wolfe wave and projecting a vertical line toward the green perforated projection tgt which is extending from left to right. Using the customizable gap finder indicator there are sets of gaps along the way so these gaps will be levels to take and manage profits. Dec 16 220C locked and loaded with 190 contracts.
TSLA: Crashing! Is there any hope for it?• TSLA is in a bear trend, and it lost the previous support level at $198 (daily chart);
• The volume is quite high, and today, TSLA is doing another gap (yellow square);
• Since the trend is bearish, and it lost the previous support level, in theory, TSLA is heading to the $179, our next support level as seen in the weekly chart (red line);
• The $179 is a key support from March 2021;
• There’s not a single bullish sign indicating that we found a bottom or that we’ll reverse from here – at least not right now;
• If TSLA fills the last gap today or tomorrow, it will be an Exhaustion Gap, and this might indicate a bounce to higher levels, but again, we lack bullish evidence at the moment;
• For now, let’s focus on the $179, on the last gap, and on how TSLA will close today.
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Strong Sell Signal On Tesla For Swing TradingI analyze on daily and weekly chart. Here are the list of indicators that Tesla is going down:
1. 100 SMA and 25 SMA crossover on weekly timeframe. SMA crossover is the first indicator I look for because it is the first indicator to show up.
2. Support line is being break by today's candle from the consolidation in the past month and the support from past few months. You can see my support line in color white in my chart.
3. -DI is above the ADX and the +DI is below the ADX which means it is very bearish. The slope of the ADX also counts. The higher the slope, the stronger the signal.
I'm currently looking for 130-150 for possible support. My first signal to close the position is when the -DI goes under the ADX but I will still wait for further indicators of reversal before taking profit.
📈⚡TSLA is in Buying situation!!! TSLA is in Buying situation!!!
It is searching for its previous resistance (SURELY), 80% of Probability.
And it is searching for the previous resistance (MAYBE).
The Market will show us in next days what will be happening.
So we have now at least an easy money to earn by buying now at 222.03 and taking profit at 257.10
We-are-making-money-TSLA